NSE stockpicks for 20 September 2017

Stock for swing trading are

1.PRESTIGE ESTATES

LTP-280.6

SL-266

2.GSPL

 

LTP-203.75

SL-194

Chambal fertilizers also good after a breakout above 150, the only concern is low volume, if volume picks up it can be a good trade too.

Nifty has reached overbought level now, we have to tread with extreme caution as a fall from RSI above 70 can be catastrophic.According to my software RSI is 65 but according to charts on NSEGUIDE RSI is above 70, don’t know which one to trust today.There is a bit more to juice out according to my software, let us see whether bulls retain control today also.

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